RxPC Inc (fka RXPC)

[bliz82]

It's because RXPC is going private first and then IPOing their new company with the new share structure. Since we are getting in before the IPO, our shares will be restricted for a year. I just got off the phone with Peter and he is trying to get the O/S down to 50M before they do this. The new SS after the IPO would have 4M O/S shareas with 1M being sold at IPO. The current shareholders would have about 1M restricted shares. Just take your current share count and multiply by .08 to get your rough share count in the new IPO in September. Peter said the 1-12 ratio is still subject to a little adjustment.